by our College Data Analytics TeamHere’s the full picture on paying for Lake Erie College, covering the cost range, projected degree costs, net price, debt at graduation, default rates, and aid distribution patterns.
If you want to dig into a particular figure, jump to any section below:
What it costs to attend Lake Erie College is about $48,278.00 for a single academic year.
Here the cost is broken out three ways: no aid, average aid, and the aid a low-income student typically receives.
| Tuition and fees | $37,634.00 |
| + Room, board & other expenses | $10,644.00 |
| Total cost | $48,278.00 |
| That is 47% above the national average net price. |
| Total cost | $48,278.00 |
| − Grants and scholarships | −$29,829.00 |
| Net price | $18,449.00 |
| That is 44% below the national average net price. |
| Total cost | $48,278.00 |
| − Grants and scholarships | −$30,595.00 |
| Net price | $17,683.00 |
| That is 46% below the national average net price. | |
| For the full breakdown, see the tuition & fees page plus living costs. |
Cost of attendance here has been rising at about 3.4% annually, so the projections below total more than one year of attendance. These tables carry the cost across a degree for three cases: low-income w/ aid, average aid, and no aid. Loan totals assume a ten-year repayment at 6.8%.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 3.4% | 3.4% | 3.4% |
| Freshman year | $18,284.00 | $19,076.00 | $49,919.00 |
| Senior year | $20,212.00 | $21,088.00 | $55,184.00 |
| Total 4-year net price | $76,950.00 | $80,283.00 | $210,088.00 |
| 10-year loan interest @ 6.8% | $29,315.00 | $30,585.00 | $80,036.00 |
| Total monthly payment | $886.00 | $924.00 | $2,418.00 |
| Total amount paid | $106,265.00 | $110,868.00 | $290,125.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 3.4% | 3.4% | 3.4% |
| Freshman year | $18,284.00 | $19,076.00 | $49,919.00 |
| Senior year | $18,905.00 | $19,724.00 | $51,616.00 |
| Total 2-year net price | $37,190.00 | $38,800.00 | $101,535.00 |
| 10-year loan interest @ 6.8% | $14,168.00 | $14,782.00 | $38,681.00 |
| Total monthly payment | $428.00 | $447.00 | $1,168.00 |
| Total amount paid | $51,357.00 | $53,582.00 | $140,216.00 |
Jump to the net-price detail in the net-price section.
Net price is what students actually pay after grants and scholarships are subtracted from the published sticker price. This is the more honest cost figure for most families, since it accounts for institutional and federal aid.
| Average net price (on-campus) | $20,961.00 |
| Average net price (off-campus) | $21,296.00 |
The real cost varies by income because need-based aid scales with financial need. The breakdown below splits average net price across income brackets:
| Family income | Average net price |
|---|---|
| Under $30,000 | $17,958.00 |
| $30,000 to $48,000 | $19,969.00 |
| $48,001 to $75,000 | $18,863.00 |
| $75,001 to $110,000 | $24,170.00 |
| Over $110,000 | $24,353.00 |
Use Lake Erie College Net Price Calculator, or visit the financial aid office.
Curious how grants and scholarships are distributed? Explore the financial aid breakdown.
Median graduate debt at Lake Erie College comes to $13,875.00, which the Department of Education classifies as a Low ($10-20k) debt-burden category.
Here’s how debt at graduation distributes across borrowers:
| Percentile | Debt at graduation |
|---|---|
| 10th | $3,750.00 |
| 25th | $7,500.00 |
| Median (50th) | $13,875.00 |
| 75th | $27,000.00 |
| 90th | $36,500.00 |
The 10th-to-90th-percentile spread is one signal of how variable debt outcomes are across the student body.
For the full borrowing and repayment picture, see the student loan debt detail.
Family income tracks closely with debt at graduation. Below, debt is broken out by low, middle, and high family income:
| Family income | Median debt at graduation |
|---|---|
| Low income | $12,500.00 |
| Middle income | $15,000.00 |
| High income | $14,125.00 |
First-generation college students often carry different debt loads than their continuing-generation peers.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $13,729.00 |
| Continuing-generation students | $14,250.00 |
Pell Grant eligibility is a useful proxy for low-income status among undergraduates. The Pell vs non-Pell debt gap reveals how borrowing differs by need.
The Pell vs non-Pell debt gap at Lake Erie College stands at $2,500.00. Federal data flags this school for Pell-related debt inequity.
The federal default-rate tier for Lake Erie College is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 6.0% |
To put the rates in context, Stafford loans at Lake Erie College reach $92,349,644.00 over 4,576 student borrowers.
Veterans and active-duty students can access dedicated federal education aid including the Post-9/11 GI Bill and Department of Defense Tuition Assistance.
| GI Bill recipients | 5 |
| Avg GI Bill amount | $22,674.00 |
Explore GI Bill and military aid in detail on the college veterans page.
The figures above are a starting point — as you weigh Lake Erie College, consider the following:
For a closer look at any of these topics, follow the links below:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.